Marigold stock is trading at $66. You believe there is a 60% chance the price of the stock will increase by 20% over the next 3 months. You also believe there is a 15% chance the stock will drop by 5%, and you think there is only a 25% chance of a major drop in price of 50%. Al- the-money 3-month puts are available at a cost of $810 per contract. What is the expected dollar profit for a writer of a naked put at the end of 3 months? Multiple Choice $0 $480 -$64.50